HomeMy WebLinkAbout025686 - Construction-Related - Contract - RSML Limited and Mid-Cities National BankGITY SECRETARV � � 1_ �(J
�C�NiRACT NO . � �. ��' �.�"
COMPLETION AGREEMENT
This completion Agreement (hereinafter called "AgreemenY') is made and entered into by
and among the City of Fort Worth (hereinafter called the "City) RSML Limited, (hereinafter called
the "Developer") and Mid-Cities National Sank (hereinafter called the "Lender), effective as of
, 2000. The City, the Developer and the Lender are hereinafter
collectively called the "Parties','.
WITNESSETH:
WHEREAS the Developer owns that certain Tract of real property that contains
approximately that is located in the City, the legal description of which tract of
real property is marked Exhibit A Leqal Description attached hereto and incorporated herein for
all purposes (which tract of real property is hereinafter called Westview Addition, Phase I Blocks
1-8 and;
WHEREAS, the Developer intends to develop Westview Addition, Phase I Blocks 1-8, as
an addition to the city; and
WHEREAS, the City has required certain assurances of the availability of funds to
complete the streets, street signs and lights, and the water and sewer utilities for the
development of Westview Addition, Phase I Blocks 1-8 (hereinafter collectrvely called the
"Community Facilities'), and
WHEREAS, in order to provide such assurances as have been required by the City, the
Lender has agreed to advance certain funds to the City for Hard Costs (which term is hereinafter
defined) subject to, and in accordance with, the terms, provisions and conditions of this
Agreement; and
WHEREAS, the Developer has granted to the Lender as additional security for the Loan _
(which term is hereinafter defined) a security interest in all plans and specifications for the
development of Westview Addition, Phase I Blocks 1-8 (hereinafter collectively called the
"Plans"); and
WHEREAS, the parties desire to set forth the terms and conditions of such
accommodations as are described above.
NOW THEREFORE, for and in consideration of the benefits to be derived from the
mutual observance by the Parties of the terms and conditions hereof, and for and in
consideration of Ten Dollars ($ 10.00 ) and other good and valuable consideration, the receipt,
adequacy and sufficiency of which are hereby acknowledged, the PaRies agree as follows:
1. Recitals. The foregoing recitals are true, correct and complete and
constitute the basis for this Agreement and they are incorporated into this Agreement for
all purposes.
2. The Completion Amount. The City and the Developer agree that the Hard
Costs required to complete the Community Facilities in the aggregate should not exceed
the sum of Six Hundred Eiqhty Four Thousand Fortv Seven Dollars and 20/100 ($
684,047.20 -) (hereinafter called the "Completion AmounY'). Notwithstanding the
foregoing, it is acknowledged that the actual costs of completion of the Community
Facilities may vary as a result of change orders agreed to by the Parties but such
variances for the purposes of this Agreement shall not affect tl� C'Dm atip�mni int aS
used herein. � �- �p �� � ,�[ �-;^, �,� �
� , U�.� u:, ,.; J�_���� � ..v
Page 1 ' ���� ������ ��Y
�'�� ��� �I�IA0
3. Adiustments to the Completion Amount. The Lender will, from time to
time, make advances to the Developer for the development of Westview Addition, Phase
I Blocks 1-8 under the development loan that has been made by the Lender to the
Developer for the purpose of financing the costs of constructing the Community Facilities
of Westview Addition, Phase I Blocks 1-8 (hereinafter called the "Loan") subject to, and
in accordance with, the terms, conditions and provisions of the Loan Documents (which
term is hereinafter defined) evidencing and securing the Loan. Some of those advances
shall be for Hard Costs as specified in the "Approved BudgeY' relating to the Loan, a
copy of which Approved Budget is marked Exhibit B, attached hereto and incorporated
herein for all purposes, with the Hard Costs (which term is hereinafter defined) line items
highlighted. The term "Hard Costs" shall mean the actual costs of construction and
installation of the Community Facilities. To the extent that advances under the Loan are
for the payment of Hard Costs, the Completion Amount shall be deemed reduced, dollar
for dollar. The Lender may withhold a statutory retainage from any advances under the
Loan or pursuant to this Agreement. All such retainage withheld, to the extent it is
attributable to Hard Costs, shall also reduce the Completion Amount dollar for dollar. All
retainage withheld by the Lender for Hard Costs that are advanced to the Ciry pursuant
to this Agreement shall be released to the City as provided in the Texas Property Code
upon expiration of the statutory retainage period. To keep the City advised of Hard
Costs , the Developer shall promptly deliver to the City those portions of all draw
requests delivered to the Lender which contain requests for the payment of Hard Costs
and such draw requests shall itemize Hard Costs in such form and detail as shall be
reasonably acceptable to the Lender and the City. Upon approvaf of Lender of any draw
request containing requests for Hard Costs to be advanced to the Developer, the Lender
shall give notice to the City setting forth the amount of any Hard Costs to be advanced
(the "Funding Notice"). The City will be deemed to have approved the proposed advance
of Hard Costs by the Lender, unless it so notifies in writing Lender that it objects to such
advancement of Hard Costs within three (3) business days of the receipt of the City of
the Funding Notice. If the Ciry objects to such advancements of Hard Costs by the
Lender, the City will have its own inspector examine and evaluate the construction; then
the Lender and the City shall cause their respective inspectors or consultants to
cooperate and shall use their best reasonable efforts to settle any dispute over the
appropriateness of any advancement of Hard Costs. The Developer acknowledges that
the Lenders obligation to fund advances under the Loan within a specified time frame
shall be deemed waived by the Developer if the City and the Lender are in dispute with
respect to any requested advance. If any such dispute is not resolved promptly, the two
consultants shall agree within five (5) business days on a qualified third party to resolve
the dispute whose decision shall be final and binding on all Parties and shall be rendered
within five (5) business days of such consultanYs selection. Any delay occasioned by any
such dispute shall extend the Completion Date by such period of time.
4. Completion bv the Developer. The Developer agrees to complete the
Community Facilities on or before the date for completion that is established in the Loan
Documents plus thirty (30) days (hereinafter called "Completion Date% in accordance
with the CFA, the Plans that are approved by the Lender and the City and all documents
evidencing or securing the Loan (which documents are hereinafter called the "Loan
Documents"). For the purposes of this Agreement, the development of Westview
Addition, Phase I Blocks 1-8 shall be deemed complete upon acceptance by the City of
the Community Facilities. The City shall promptly notify the Lender and the Developer
upon such acceptance.
Page 2
� �'�16�LJ
=''.i��rJ`��u°,L. l'.'��!�� `�'�
r ���b' r"�''v ��� r���`l�
��? �r�,r,��P ���a
i
5. Completion by the Citv. In the event that either: (A) the development of
Westview Addition, Phase I Blocks 1-8 is not completed by the Completion Date for any
reason whatsoever, or (B) the Developer is in default under the Loan and the Lender
notifies the City that the Developer is in default and, at the Lender's sole option, requests
the City to complete development, whichever shall first occur, then, the City may, at the
cost and expense of the Developer, commence, pursue and complete the installation of
the Community Facilities rn a reasonable timely, diligent and workmanlike manner in
accordance with the Plans, subject to the terms of this Agreement. The Lender and the
Developer agree that the City may use the Plans as necessary to complete the
Community Facilities. Prior to the commencement of any work by the City, the City shall
provide evidence of insurance reasonably required by the Lender naming the Lender
and the Developer as additional insureds.
6. Advance of Completion Costs to the Citv and Delivery of Hard Costs
Collateral to the Citv. Upon the occurrence of either event described in paragraph 5
above, if the City elects within ten (10) business days of the Completion Date or notice
from the Lender, as the case may be, to complete the construction of the Community
Facilities, the Lender shall thereafter advance to the City any remaining undisbursed
Hard Costs specified in the Approved Budget relating to the Loan that are incurred by the
City in completing the Community Facilities in an aggregate sum not to exceed the
Completion Amount, as adjusted, by funding monthly draws to the City as described
herein.
The Developer hereby authorized and instructs the Lender to make periodic advances of
any remaining disbursed Hard Costs specified in the Approved Budget not to exceed the
Completion Amount in increments paid to the City within the same time period specified
in the Loan Documents after receipt of advance requests meeting the requirements of
the Loan Documents from the City of Hard Costs remaining to be drawn under the Loan
as specified in the Approved Budget incurred by it and approved by the Lender, subject
to retainage. The advance requests from the City shall be made not more frequently than
monthly (save and except for final payment) and shall be accompanied by reasonably
acceptable evidence of the Hard Costs specified in the Approved Budget that have
been incurred by the City. The City shall use the funds advance for the payment of such
Hard Costs as are described in the advance request, and if the City fails to do so, the
Lender's obligation to fund additional advances shall thereafter be terminated and of no
continuing force and/or effect. The City shall provide mechanic's and materialmen's
releases as may be reasonably requested by the Lender. Upon request of the City, the
Lender may pay such advances directly to the suppliers and contractors described in the
advance request.
If the City does not timely elect to complete the construction of the Community Facilities,
then the Lender may at its election terminate this Agreement, and at its option, proceed
to complete the Community Facilities, foreclose on any of its collateral, or take any and
all such action as may be provided under the Loan Documents.
Page 3
7. Completion by the Lender. The Lender may, at its discretion, but shall not
be obligated, to undertake to complete the Community Facilities if there is any default
under any Loan Documents in lieu of requesting the City to complete the Community
Facilities. In such event, however, the Lender must complete the Community Facilities by
the Completion Date or the City shall complete the same as provided above. If the
Lender elects to complete the Community Facilities, any Hard Costs it expends shall,
dollar for dollar, reduce the Completion Amount. _-. --��
_ _ .,. � ?;�,�, o�
;'���li�� �`:� ��,•��1�� 'I
,T�' � ��� G�� °` G?��
_ '_ �I���'�, �'�. _ �
.
8. Easements. In the event the City or the Lender undertakes the completion
of the Community Facilities, the Developer (and to the extent necessary the Lender)
grants to the City and the Lender open access to Westview Addition, Phase I Blocks 1-8
and shall execute and deliver such temporary easements over and across the entire
Westview Addrtion, Phase I Blocks 1-8 for the purpose of access and use for the
completion of the construction of the Community Facilities in accordance with this
Agreement. To the extent requested by the City and the Lender, written temporary
construction easements in form acceptable to the City and the Lender shall be executed
by the Developer and filed of record. Nothing in this paragraph shall reduce any rights of
the Lender or obligation of the Developer under the Loan Documents.
9. Lender's Riqhts. Nothing in this Agreement shall affect any portion of the
Lender's collateral for the Loan or limit or impair the Lender's right to foreclose the same
or deal with the collateral as it elects in accordance with the Loan Documents.
10. Satisfaction of the Citv Requirements. The City agrees that the
assurances and covenants contained in this Agreement satisfy all requirements of the
City with respect to payment and performance bonds or other requirements for security
in connection with the development of Westview Addition, Phase I Blocks 1-8 and the
completion of the Community Facilities that are contained in the CFA or in any other
agreement relating thereto, and the City hereby accepts the assurances and covenants
contained herein in lieu thereof. To the extent the CFA irreconcilably conflicts with this
Agreement, the provisions of this Agreement shall control.
11. Termination. This Agreement shall terminate upon the earlier to occur of
the following: (A) acceptance by the City of the Community Facilities; (B) mutual written
agreement of all of the Parties; or (C) the reduction of the Completion Amount to zero.
12. Final Plat. The Parties acknowledge and agree that the City shall hold the
final plat of Westview Addition, Phase I Blocks 1-8 until the Community Facilities are
substantially completed and all Hard Costs contractors have been paid, less retainage.
Upon receipt and acceptance by the City of evidence of substantial completion and the
payment by the Developer of all Hard Costs contractors, the City shall immediately file
the final plat of Westview Addition, Phase I Blocks 1-8, as prescribed herein, to
guarantee the Developer's obligations under the CFA.
13. Construction Contracts. The Developer agrees to include in all
construction contracts that it enters into for the completion of the Community Facilities
the following:
A. A statement that the City is not holding any security to guaranty
payment for work performed on the Community Facilities;
B. A statement that Westview Addition, Phase I Blocks 1-8 is private
property and that same may be subject to mechanic's and
materialmen's liens;
C. A requirement that the contractor release the City from any claim
that is related to any work on Westview Addition, Phase I Blocks
1-8;
Page 4
D. A requirement that the contractor include in its subcontracts the
statements contained in A, B, and C above. .
� ---��. .. ,,,��
'�'���U'�U'�;:s G'�'GU�G
i!^. G� U� Cy���r'WL,�L�VYS^il
:�� @!��["i�, �'��.
14. Miscellaneous.
A. Non-Assiqnment of Apreement. This Agreement may not be
assigned by any of the Parties without the prior written consent of
all the other Parties.
B. Notice. Any notice required or permitted to be delivered under this
Agreement shall be deemed received on actual receipt by the
appropriate party at the following addresses: -
Notice to the City shall be addressed and delivered as follows:
CITY OF FORT WORTH
1000 THROCKMORTON STREET
FORT WORTH, TEXAS 76102
ATTN: PATRICK FLUCHE
DEVELOPMENT COORDINATOR
�
Page 5
TELECOPY NUMBER:
CONFIRMATION NUMBER:
817-871-8092
817-871-8701
With a copy thereof addressed and delivered as follows:
CITY OF FORT WORTH
1000 THROCKMORTON STREET
FORT WORTH, TEXAS 76102
ATTN: GARY STEINBERGER, ESQ.
ASSISTANT CITY ATTORNEY
TELECOPY NUMBER:
CONFIRMATION NUMBER:
817-871-8359
817-871-7600
Notice to the Developer shall be addressed and delivered as
follows:
RSML Limited
6431 SOUTHWEST BOULEVARD
FORT WORTH ' TEXAS 76132
P.O. Box 16712
FORT WORTH, TEXAS 76162
ATTN: STEVE HAWKINS
MANAGING PARTNER
TELECOPY NUMBER:
CONFIRMATION NUMBER:
817-737-4858
817-737-4456
t�;��U'�'����� �'�����
I, : P�'�'�' � .�s,: "� L�1�
r
�a "�►����:'�, �����
iii. Notice to the Lender shall be addressed and delivered as follows:
MID-CITIES NATIONAL BANK
500 GRAPEVINE HWY.
P. O. BOX 1558
HURST, TEXAS 76053
ATTN: CHARLES POWELL
TITLE: EXECUTIVE VICE PRESIDENT
TELECOPY NUMBER
CONFIRMATION NUMBER:
817-427-7466
817-427-7455
A party may change its address for notice upon prior written notice to the other Parties pursuant
to the terms hereof.
Page 6
C. Texas Law to Appiv . This Agreement shall be construed under
and in accordance with the laws of the State of Texas.
D. Parties Bound. This Agreement shall be binding upon and inure to
the benefit of the Parties and their respective legal
representatives, successors and assigns.
E. Leaal Construction. In case any one or more of the provisions
contained in this Agreement shall for any reason be held to be
invalid, illegal, or unenforceable in any respect, such invalidity,
illegality, or unenforceability shall not affect any other provision of
this Agreement, and this Agreement shall be construed as if such
invalid illegal, or unenforceable provision had never been
contained in this Agreement.
F. Prior Aqreements Superseded. This Agreement constitutes the
sole and only agreement of the Parties with respect to the subject
matter hereof and supersedes any prior understandings or written
or oral agreements among the Parties concerning the subject
matter hereof; provided, however, that this Agreement shall not
supersede, amend or modify any of the Loan Documents or any
portion thereof.
G. Amendment. This Agreement may only be amended by a written
instrument executed by all of the Parties to this Agreement.
H. Headinqs. The headings that are used in this Agreement are used
for reference and convenience purposes only and do not
constitute substantive matters to be considered in construing the
terms and provisions of this Agreement.
�i !I�����G�U gy�� �h�����
"- ���' �C'+� C��G��
�� ����A�r�, � �,
��c�, ��'�y�x:�.b��, ��'��
�
Executed by the Parties to be effective as of the date first stated above.
APPRaVEa AS T(] FOR6UT AhfQ L�GALITY
B y:
�lame:
Title:
��'�� �'ie�rw�r�@�f�4l�
Ass�ssta��rt �C�#y AttorheY
�����6� 'D i
F
�'�;.1: I ,�. , .� i�/� L..,
�' .3-a��v�
l� �) I�,R �r�. d�°�(�?�_ l � �=�-r�
Contract Authorization
gn�e
,
TFi� GI : Q� F 1� �' WQ '�H
By: L' �t � .�''� ; �1�` ! �'"l
' � `-'�� �
Name:
Title: n
�' ! �i
r �
�
���L �I���� �
+
f `��
��. � I� . _ i
�v k'rns
�Partner
MID-CITIES.NATJONALBANK
By: ��'+��
Name: �1 Z-I� �S ���/i� �
Title: ��C�t�1�1� ��Lt. I"I�S�c�V[�
Steve Hawkins, the Guarantor of the Development Loan, is executing this Completion
Agreement for the sole purpose of acknowledging that advances that are made by the Lender
pursuant to this Completion Agreement shall be deemed to b�e adypnces that are made under
the Loan which shall be subject to and covered by the L��n cu ents and the Guaranty
Agreement that was executed by RSML Limited and,St�y� !�i'-a�ir�t�s.
By: �" '�.��"`, l �
�_ S�v�. H kins
�
Page 7
��'�����w �.'''." b�'���J��
�
B�'n� � 7i1�`�� � ' 1i ��
: �. U tl �. �. :� t �
' � �y����'t:�� 6'�^l�
�� �.. �
LIST OF EXHIBITS TO THE COMPLETION AGREEMENT
BY AND AMONG THE CITY OF FORT WORTH
RSML LIMITED
AND MID CITIES NATIONAL BANK
EXHIBIT A - LEGAL DESCRIPTION
EXHIBIT B - APPROVED BUDGET
Page 8
��� �!������':� �'�C���@
;,��,�� �r��r a��'��
� �.��f�°��a, ��.
Exhibit A
WESTVIEW ADDITION
BEING a 37.57 acre tract of land located in the C.K. Gleason Survey, Abstract No. 559
and being a portion of a 239.72 acre tract of land conveyed to Chapel Creek Limited
Partnership by deed recorded in Volume 11029, Page 1159, Deed Records of Tarrant
County, Texas, said 37.57 acre tract being more particularly described by metes and
bounds as follows:
BEGINNING at a set 518 inch capped iron rod (TNP) at the southeast corner of Lot 18,
Block 1, Little Chapel Creek Addition, shown by plat recorded in Cabinet A, Slide 4681,
Plat Records of Tarrant County, said point also being in the west right-of-way line of
Chapel Creek Boulevard;
THENCE S 00°49'29" W, with said right-of-way line, a distance of 976.39 feet to a
found 1/2 inch iron rod at the intersection of the west right-of-way line of said Chapel
Creek Boulevard with the north right-of-way line of Chapin Road (County Road No.
1029);
THENCE N 89°08' 17" W, with the north right-of-way line of said Chapin Road, a
distance of 1599.15 feet to a set 5/8 inch capped iron rod (TNP);
THENCE N 00°59'44" E, a distance of 1149.98 feet to a set 5/8 inch capped iron rod
��);
THENCE S 76°49'32" E, passing the southwest corner of Block 3 of said Little Chapel
Creek Addition, a distance of 511.55 to an a found 5/8 inch capped iron rod (Carter &
Burgess) at an angle point in said Block 3;
THENCE S 81°58'10" E, with the south boundary line of Block 3 and Block 1 of said
Little Chapel Creek Addition, a distance of 499.98 to a found 5/8 inch capped iron rod
(Dunaway & Associates) at an angle point in said Block 1;
THENCE S 88°56' 10" E, with the south boundary line of said Block l, a distance of
59999 feet to the point of beginning and containing 37.57 acres of land.
Teague Nall and Perkins
Er�gineers and Surveyors
August 1999
����
� �'����0 �'�� �����,� o� .;
II� �f�� ��t`��'Y `r ° ��
t�
,_ � ����''r_,����
Exhibit B
TEAGUE NALL AND PERKINS, INC.
OPINION OF PROBABLE CONSTRUCTION COST
PROJECT NAME: Westview Addition Phase 1
PROJECT NO: HAW98256
CLIENT: RSML Limited
PROJECT COST SUMMARY
I I WATER
j IMPROVEMENTS
� 2% INSPECTION FEE
�
I II SANITARY SEWER
� IMPROVEMENTS
2% INSPECTION FEE
�
I III STORM DRAINAGE
� IMPROVEMENTS
2% INSPECTION FEE
IV PAVING
IMPROVEMENTS
2% INSPECTION FEE
TOTAL CONSTRUCTION COST
CFA COST OPINION98256.x1s
1of1
Developer
$124,380.00
$162,489.00
$32,521.50
$364,656.70
$684,047.20
Total
$124,380.00
$2,487.60
$162,489.00
$3,249.78
$32,521.50
$650.43
$364,656.70
$7,293.13
$697,728.14
i
����'{���1� �°'���� ;
�
� 4' �` ��r�'���9
��--..._�: ���r' ,�r �rn��
3/2/00
Westvfew Addition, Phase 1- COST OPINION
ITEM
5
6
7
8
9
10
II
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
III
1
2
3
4
5
6
7
8
9
10
11
DESCR/PTION
WATERIMPROVEMENTS
8" Class 150 PVC Water Pipe
20" X 8" Tapping Sleeve and Valve
Fire Hydrant
6" Gate Valve
8" Gate Valve
Ductile Iron Fittings
1" Water Service
Concrete Encasement as Directed
Testing
SUBTOTAL
SANITARY SEWER IMPROVEMENTS
8" SDR 35 PVC Sewer Pipe
8" SDR 26 PVC Sewer Pipe
Trench Excavation for 8" SS (0'-8' depth)
Trench Excavation for 8" SS (8'-10" depth)
Trench Excavation for 8" SS (10'-12' depth)
Trench Excavation for 8" SS (12'-14' depth)
Trench Excavation for 8" SS (14'-16' depth)
Trench Excavation for 8" SS (16'-18' depth)
Trench Excavation for 8" 5S (18'-20' depth)
Trench Excavation for 8" SS (20'+ depth)
4' Diameter Standard Sanitary Sewer Manhole
Extra Depth of SSMH in Excess of 6'
4" Sanitary Sewer Service
Concrete Encasement as Directed
Testing
Trench Safety
Cut and Plug Existing sanitary Sewer
Remove and Dispose of Existing Sanitary Sewer Manhole
Remove and Dispose of Existing Sanitary Sewer Lines
SUBTOTAL
STORM DRAINAGEIMPROVEMENTS
33" Class III RCP
24" Class III RCP
18" Class III RCP
10' Standard Cu�b Inlet
20' Standard Curb Inlet
4' X 4' Storm Drain Manhole
33" Type "B" Headwall
24" Type "B" Headwall
Remove and Dispose of existing 20' Recessed Curb Inlet
Trench Safely for Storm Drain Construction
Erosion Control per SWPPP
SUBTOTAL
CFA COST OPINION9II256.x1s
QUANTITY UN/T UNIT COST TOTAL
4049
1
3
3
9
1.7
106
20
1
4662
140
2731
731
584
282
90
124
133
127
18
52
106
20
1
4802
4
1
230
163
156
33
2
1
1
1
2
1
352
1
LF
EA
EA
EA
EA
TON
EA
LF
LS
LF
LF
LF
LF
LF
LF
LF
LF
LF
LF
EA
VF
EA
LF
LS
LF
EA
EA
LF
LF
LF
LF
EA
EA
EA
SY
LF
LS
LF
LS
$20.00
$3,500.00
$1,200.00
$400.00
$500.00
$2,500.00
$225.00
$25.00
$2,000.00
$10.00
$12.00
$8.00 �
$9.00 �
$11.00�
$13.00�
$16.00�
$20.00 �
$25.00 �
$35.00 �
$1,200.00 �
$90.00 �
$225.00 �
$25.00 �
$2,500.00 �
$1.00�
$500.00 �
$600.00 �
$15.00�
�
�
�
$41.50 �
$39.00�
$37.00 �
$2,100.00 �
$2.800.00 �
$3,100.00 �
$2.100.00 �
$1,800.00�
$800.00 �
$1.00�
$1,500.00 �
�
�
: ���'r0�°� � ���� Gco���"��
r
1 of 2 �:: � � U� Cr���C�� °��tFi
�V
������ �'���:;'i`:'���o �[�.
$80,980.00
$3, 500.00
$3,600.00
$1,200.00
$4,500.00
$4,250.00
$23,850.00
$500.00
$2,000.00
$124,380.00
$46,620.00
$1,680.00
$21,848.00
$6,579.00
$6,424.00
$3,666.00
$1,440.00
$2,480.00
$3,325.00
$4,445.00
$21,600.00
$4,680.00
$23,850.00
$500.00
$2,500.00
$4,802.00
$2,000.00
$600.00
$3,450.00
$162,489.00
$6,764.50
$6,084.00
$1.221.00
$4,200.00
$2,800.00
$3,100.00
$2,100.00
$3,600.00
$800.00
$352.00
$1, 500.00
$32,521.50
2/ 16/00
.'
��
Westview Addition, Phase 1- COST OPINION
�
ITEM DESCR/PTION QUANTITY
IV PAVING IMPROVEMENTS
1 6" Lime Stabilized Subc�rade (27#/SY) 13478
2 Hydrated Lime for Stabilization 182
3 5" Reinforced Concrete Pavement 13045
4 Temp 4" HMAC Transition Pavement 73
5 Concrete Wheel Chair Ramps 14
6 Adjust SSMH RimNalve Cover 14
7 Erosion Control per SWPPP 1
8 Sawcut and Remove Existing Curb and Gutter 100
9 Standard Street Barricade 5
10 Remove and Dispose of Existing Street Barricade 1
11 Assessment paving on Chapin Roas 263
SUBTOTAL
�
SUBTOTAL CONSTRUCTION COST I
CFA COST OPINION9II256.x1s
UNIT UN/T COST TOTAL
SY $1.65 $22,238.70
TON $115.00 $20,930.00
SY $20.40 $266,118.00
SY $31.00 $2,263.00
EA $385.00 $5,390.00
EA $440.00 $6,160.00
LS $2,500.00 $2,500.00
LF $5.50 $550.00
LS $1,650.00 $8,250.00
EA $275.00 $275.00
LF $114.00 $29,982.00
$364,656.70
a684,047.20
2of2
�y�U'1i1��liti� U��l��.Jl�l�
��� ��'� �����
�f 'Q4T'�U:��a�g �L�G^]0 �
2/ 16/00